Louisiana’s two predominant oil and gas plays, Tuscaloosa Marine Shale and Haynesville Shale, have taken starkly divergent paths over the past decade. While poor market conditions have made the TMS too risky for most drillers, Haynesville rig counts are on the rise due to burgeoning liquefied natural gas exports. Patrick Courreges, communications director at the
A tale of two plays
It’s a study in contrasts for Louisiana’s two major oil and gas plays, with Tuscaloosa Shale interest waning while hopes for Haynesville surge.
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